MacKenzie Scott’s $4.2 billion charity giving spree announced in December focused primarily on nonprofits with an annual revenue of $10 million to $100 million, according to an analysis by Candid, with 199 such organizations in her portfolio.
But she also gave to 142 nonprofits with an annual revenue of $1 million to $10 million. Also among the grantees were 13 groups with an annual revenue of less than $1 million and 25 whose revenue exceeded $100 million.
“While Scott’s grants went to well-established organizations, this portfolio was notable for the absence of “elite” universities, hospitals, and cultural institutions,” noted the report from Candid, a research organization.
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